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Stocks to watch on the Australian stock exchange on Wednesday, October 10: ARI - ARRIUM LTD - down 2.25 cents, or 2.78 per cent, at 78.75 cents Arrium has acted to boost its balance sheet agains..
A roundup of trading on major world markets: NEW YORK - US stocks have skidded after the International Monetary Fund (IMF) cut its global economic growth forecasts and investors braced for the star..
The Australian share market hit at a 14- month high on Tuesday, closing above the 4500 level for the first time since August 2011. Energy and Resources stocks drove the gains on the back of positiv..
Global miner BHP Billiton is continuing to slash costs in a subdued environment as it meets with workers in Perth this week about likely job cuts. AAP understands about 200 workers in its iron ore ..
Qantas Airways chief executive Alan Joyce says the proposed partnership with Emirates has been welcomed by staff as it will help secure jobs at the struggling airline. Mr Joyce says no jobs will be..
Shares in oil and gas producer Oil Search rose over three per cent after it signed five licensing agreements with gas giant Total to operate in Papua New Guinea (PNG). The deal, which has been in t..
The Australian share market has broken the 4500 level for the first time this year, led by big gains in the resource and energy sectors. At 1201 AEDT on Monday, the benchmark S&P/ASX200 index w..
Moves to stimulate the US and European economies helped lift Australian business confidence in September. The National Australia Bank (NAB) monthly business survey found confidence among businesses..
Troubled surfwear retailer Billabong has appointed actuary and Rhodes scholar Dr Ian Pollard as its chairman elect. The company on Tuesday said Dr Pollard would join the board as chairman elect and..
Stocks to watch on the Australian stock exchange on Tuesday, October 9: AQA - AQUILA RESOURCES LTD - down three cents, or 1.1 per cent, at $2.65 Aquila Resources shares lost more than one per ce..
US stocks have followed European and Asian markets lower, giving up some of last week's solid gains ahead of the third quarter earnings reporting season. At the close the blue-chip Dow Jones Indust..
St George has followed the lead of the major banks and reduced its variable home loan rates by less than the central bank's rate cut. St George will lower its standard variable home loan rate by 17..
The very man steering the sell-down of shares in QR National says the move to privatise Queensland's coal and bulk freight rail business was divisive, but that battle was over. The Liberal National..
The Australian share market has closed lower in cautious trading ahead of several meetings in Europe this week aimed at easing Europe's debt crisis. Eurozone finance ministers gather in Luxembourg ..
Aquila Resources shares lost more than one per cent after the company announced a $1.4 billion cost blowout for its contentious West Pilbara Iron Ore Project. Additional capital and operating costs..
The big banks insist they can't afford to pass on the Reserve Bank's interest rate cut, but angry mortgage holders are increasingly likely to respond by switching lenders. An Ernst and Young report..
Telstra Corporation has avoided a fine for a 2011 incident where it failed to protect the privacy of more than 700,000 customers. Instead, the Australian Communications and Media Authority (ACMA) o..
Jitters about the global economy and the future of the mining boom seem to be hurting employer confidence, with an industry survey showing that job advertisements have fallen for six straight months. ..
Stocks to watch on the Australian stock exchange on Monday, October 8: ANZ - ANZ BANKING GROUP - up 20 cents, or 0.79 per cent, at $25.50 CBA - COMMONWEALTH BANK - up 30 cents, or 0.53 per cent,..
Interest rate cuts are not the only way to encourage growth in the Australian economy, a senior ANZ bank executive says. ANZ Australia chief executive Phil Chronican says "a lot of uncertainty abou..
US stocks sustained their push upward on Friday, capping the week with the Dow hitting its best level since December 10, 2007, as high liquidity and ultra-low interest rates fuel an appetite for risk...
Westpac, the Commonwealth Bank and National Australia Bank have cut their variable home loan rates but failed to match that of the Reserve Bank, citing the high costs of deposits. The central bank ..
A hefty rise in Asciano's full year net profit has been reflected in a pay rise for the port and rail operator's chief executive John Mullen. The company's annual report, released on Friday, showed..
The Australian share market posted gains for a seventh consecutive day on Friday but unlike the rest of the week was led by cyclical mining stocks instead of high yielding banks. At the close of tr..
Woolworths is spinning off its $1.4 billion shopping centres portfolio in a move that is expected to free up cash to help fight its price war with rival Coles. The retailer will transfer its 69 sho..
